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$197,000

NAL Estimated Property Value

2596 Gin Rd, Inez, TX, 77968

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths768 Sq Ft
price_per_sqft$273.44 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesElectric Range, Refrigerator, Water Heater
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size1.23 acres

Building Information

Year Built2010
Stories1
Roof Type112
Garage Spaces3

Land Information

APN56250-000-10701
Lot Number107
SubdivisionW A Woods Subd #2 Farm
Land UseResidential
Legal DescriptionW A WOOD'S SUBD #2 FARM, LOT 107 T-18, ACRES 1.23
Census Tract000700
Assessed Land Value$59,940
Assessed Improvement Value$105,160
Assessment Year2025

About this property

Welcome to 2596 Gin Rd! Come discover the perfect blend of tranquility and modern living. This charming country home offers a serene escape from the hustle and bustle of city life, nestled on a spacious 1.23-acre lot adorned with mature trees and a fully fenced yard. Step inside this bright, open-concept home where natural light pours into the living spaces, creating a warm and inviting atmosphere. With +/- 768 square feet of living space, the high ceiling enhances the sense of space and airiness. The home features one bedroom and two baths, providing comfortable living quarters with the added convenience of an extra bathroom. A versatile flex room offers potential as an additional bedroom, office, or creative space to suit your needs. The exterior of the home is equally impressive, set on stilts to provide elevated views and added peace of mind. Enjoy the outdoors from the expansive wrap-around porch, perfect for relaxing with a morning coffee or entertaining guests. The detached garage/shop is a standout feature, equipped with electricity and offering ample space for storage, hobbies, or a workshop. There is plenty of parking for you, your family, and guests under the home and there is even RV/boat parking. This home is ideal for those seeking a country lifestyle with the added benefit of modern amenities. The surrounding area offers privacy with few neighbors, making it a perfect retreat for those who value peace and quiet. Don't miss the opportunity to make this unique property your own. Be sure to call your favorite Realtor today!

Investor Tools

Property Icon
$197,000
Estimated Property Value
$171,862Estimated Mortgage Balance
$25,138Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,478
$165,100
2025
$59,940
$105,160
$165,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,478
$165,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Conventional
$175,750
No
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,862
$25,138
12%
87%
$1,054/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$949/mo
$1,054/mo
$-105/mo
5.8%

City: Inez